A. LEARNING ACTIVITIES

Answer the following question briefly.

1. Discuss the nature, scope and objective of management accounting. 2. Identify the major differences and similarities between Management Accounting and Financial Accounting. 3. Explain the relationship between management accounting and cost accounting.

4. Discuss Controllership and its relation to the management. 5. Identify and explain the current focus of Management Accounting.

IM NO.:IM-ACCI GZ-ZNDSEM-2020-202 B. Complete the following comparison table between managerial accounting and financial accounting. Financial Accounting Managerial Accounting 1. Primary users 2. Type of reports 3. Frequency of reports 4. Content of reports